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Evolution of networks in virtual reality: A scalable framework for studying social dynamics of small groups. [PDF]
Park R +5 more
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Does rural talent cultivation enhance farmers' social capital? Evidence from the 'One Village, One University Student' project. [PDF]
Wang J, Kuang X, Yang H, Liao W, Qiu H.
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The relationship between social support and employability among university students: a chain mediation model of psychological capital and career adaptability. [PDF]
Yang H, Yue M, Jin M, Tian Y, Zhao W.
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Hemosiderin deposition in the lamina propria of the septum: a histological feature of type I intestinal atresia. [PDF]
Liu X +6 more
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THE CAPITAL STRUCTURE AND THE COST OF CAPITAL: COMMENT
The Journal of Finance, 1970IN A RECENT Journal article [1] Haim Ben-Shahar presented a theory of the firm's capital structure from the standpoint of the return-risk framework of investor behavior. He conducts his analysis under "the constraint that the investor has the opportunity to invest his own capital with any proportion of borrowed capital, either in one stock or in a ...
Litzenberger, Robert H, Jones, Charles P
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Contingent capital, capital structure and investment
The North American Journal of Economics and Finance, 2015We examine the interaction between investment and financing policies in a dynamic model for a firm with existing assets-in-place and a growth option, of which investment cost is financed with equity and contingent convertible bond (CoCo). We attempt to clarify how CoCo impacts on investment timing, capital structure and the inefficiencies arising from ...
Yingxian Tan, Zhaojun Yang
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Social Capital and Capital Structure
SSRN Electronic Journal, 2020I demonstrate that in the context of a Modigliani-Miller-type model that a firm financing social capital and physical capital will favor equity financing over debt financing without bankruptcy. With bankruptcy, debt financing will be used, but equity financing will be favored by firms that use large amounts of social capital, as it will increase their ...
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